Dear @johnsmith this is some of the most insightful information I found in a long time in crypto. I cannot say that you got everything right, but it sounds very plausible that you got most of it right.

Crypto is still in its infancy and many battles between different coins still remains. I agree that Bitshares, Steem and Eos are the best projects we have so fare. It is devastating to see that they are not having higher prices (with the exception of EOS, we still need to see the product before the price need to go up, atleast thats how I feel about EOS).

It is also deverstating to see so many coins of non-sense having real value and creatde millions of dollars to the creators, it was not really what I wanted from this new industry.

Of course Bitconnect, is just a kind of money game (centralized), I only promote it because it is fun.... when I want to be serious, I tell people that Steem and Bitshares are my favorite.